By Sharon Cho and Alex Longley Feb 24, 2024(Bloomberg) –Longstanding warnings from the oil tanker industry that too few of the ships are being built are coming back to haunt the…
https://gcaptain.com/shortage-of-oil-tankers-at-hand-as-red-sea-attacks-divert-trade/
Latest figures from classification society DNV’ Alternative Fuels Insight (AFI) platform showed 19 vessels with alternative fuel propulsion were ordered in April, says an article published on Manifold time.
Out of the total of 19 vessels, 10 were orders for LNG-fuelled vessels and nine for methanol powered vessels.
Container orders
DNV said the growth was driven by tanker and container orders. So far this year, the total order figure...
https://mfame.guru/dnv-alternative-fuelled-orderbook-likely-to-decrease/
Crude oil tanker owners’ shares are up today on news that increasing newbuild rates are driving up the value of existing fleets and could prevent the others from overbuilding. Overseas…
Specialist heavy lift project carrier, AAL Shipping (AAL) has bought two 33,000 deadweight heavy lift ships and has given an update on its newbuilding plans.
The two newly-bought vessels are, the ‘AAL Mars’ and the ‘AAL Merkur’. The vessels have been serving within AAL’s operating fleet worldwide on a commercial management basis.
AAL has also given an update on the progress of its ‘third-generation’...
Seaspan today announced that ZIM Integrated Shipping Services (ZIM) has exercised its option to enter into long-term charters of five 7,000 TEU dual-fuel liquefied natural gas containership newbuilds. ZIM was…
by John Konrad (gCaptain) Shares of Navios Maritime Partners $NMM fell 7.5% this morning after the company announced a six-ship order for mid-sized containerships. Angeliki Frangou, CEO of the company,…
Monaco-headquartered dry bulk owner Safe Bulkers has acquired a Japanese-built 82,000 dwt, dry bulk newbuild vessel. The post Safe Bulkers invests in new eco-efficient Kamsarmax appeared first on…
https://www.offshore-energy.biz/safe-bulkers-invests-in-new-eco-efficient-kamsarmax/
By PA NSW
Port Authority of NSW has signed a $10 million contract with Australian shipbuilders, Birdon, to build two new multipurpose firefighting vessels for Sydney Harbour and Port Botany.
The two new firefighting vessels will provide Port Authority with improved capabilities for a range of routine on-water operations in addition to a more effective response to...
On May 25, Norway-based shipowner Klaveness Combination Carriers ASA (KCC) took delivery of the MV Balzani from Chinese New Yangzi Shipyard, marking the completion of the CLEANBU newbuilding…
https://www.offshore-energy.biz/klavaness-takes-delivery-of-final-cleanbu-newbuild/
How big is too big? By Kyunghee Park (Bloomberg) A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping companies from ordering similarly…